Bangyan Technology Co (SHSE:688132) Days Payable: 425.76 (As of Mar. 2026) — 14% Below Median

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SHSE:688132 Bangyan Technology Co Ltd SHSE:688132
56 GF Score
Price ¥12.18
GF Value ¥9.04
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Bangyan Technology Co Days Payable?

Bangyan Technology Co SHSE:688132 -4.62% 56 Days Payable is 425.76 as of Mar. 2026, which is 14% below its 10-year median of 492.35. GuruFocus rates SHSE:688132 with a GF Score™ of 56/100 and a GF Value™ of ¥9.04 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,442 Hardware companies, Bangyan Technology Co ranks better than 96.4% on this metric.

Bangyan Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥70.0 Mil. Bangyan Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥15.0 Mil. Hence, Bangyan Technology Co's Days Payable for the three months ended in Mar. 2026 was 425.76.

The historical rank and industry rank for Bangyan Technology Co's Days Payable or its related term are showing as below:

SHSE:688132' s Days Payable Range Over the Past 10 Years
Min: 221.56   Med: 492.35   Max: 835.28
Current: 332.45

During the past 9 years, Bangyan Technology Co's highest Days Payable was 835.28. The lowest was 221.56. And the median was 492.35.

SHSE:688132's Days Payable is ranked better than
96.4% of 2442 companies
in the Hardware industry
Industry Median: 69.89 vs SHSE:688132: 332.45

Bangyan Technology Co's Days Payable increased from Mar. 2025 (408.62) to Mar. 2026 (425.76). It may suggest that Bangyan Technology Co delayed paying its suppliers.


Bangyan Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Bangyan Technology Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bangyan Technology Co Days Payable Chart

Bangyan Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 835.28 568.82 503.22 221.56 310.17

Bangyan Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 408.62 475.49 276.91 280.24 425.76

SHSE:688132 vs CSCO, CIEN, MSI: Days Payable Comparison

For the Communication Equipment subindustry, Bangyan Technology Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bangyan Technology Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Bangyan Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Bangyan Technology Co's Days Payable falls into.


SHSE:688132
56GF Score
Bangyan Technology Co Ltd SHSE:688132
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangyan Technology Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Bangyan Technology Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (59.3 + 71.969) / 2 ) / 77.238*365
=65.6345 / 77.238*365
=310.17

Bangyan Technology Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (71.969 + 68.11) / 2 ) / 15.011*365 / 4
=70.0395 / 15.011*365 / 4
=425.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 425.76 mean?
Bangyan Technology Co (SHSE:688132) has a Days Payable of 425.76 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bangyan Technology Co and its competitors. This is 14% below median its historical median of 492.35. Over the past decade, Bangyan Technology Co's Days Payable has ranged from 221.56 to 835.28. According to the industry distribution chart, Bangyan Technology Co ranks #88 out of 2442 companies in the Hardware industry, placing it in the top 3.6%.
Is Bangyan Technology Co's Days Payable too high?
Bangyan Technology Co's current Days Payable of 425.76 is 14% below median its 10-year median of 492.35. Over the past 10 years, this metric has ranged from a low of 221.56 to a high of 835.28. The Hardware industry median Days Payable is 69.89. Bangyan Technology Co's value of 425.76 is 509.2% above this industry median. Based on the distribution chart, Bangyan Technology Co ranks #88 out of 2442 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Bangyan Technology Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bangyan Technology Co's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Bangyan Technology Co ranks #88 out of 2442 companies for Days Payable. This places Bangyan Technology Co in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Bangyan Technology Co's value of 425.76 is 509.2% above this benchmark. Historically, Bangyan Technology Co's own Days Payable has ranged from 221.56 to 835.28 over the past decade. While the company's 10-year median is 492.35 vs. the industry median of 69.89, Bangyan Technology Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,442 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bangyan Technology Co's current Days Payable of 425.76 is 509.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bangyan Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangyan Technology Co's current Days Payable is 425.76, which is 14% below median its own 10-year median of 492.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangyan Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Bangyan Technology Co (SHSE:688132) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.04, compared to a current price of ¥12.18 — trading 34.7% above its estimated fair value. The current Days Payable is 425.76, which is 14% below median its 10-year median of 492.35 and 509.2% above the Hardware industry median of 69.89. Bangyan Technology Co's overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Bangyan Technology Co (SHSE:688132), the current Days Payable is 425.76 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bangyan Technology Co (SHSE:688132) Overvalued in 2026?

Based on GuruFocus' analysis, Bangyan Technology Co stock appears to be overvalued. The current stock price of ¥12.18 is trading 34.7% above its estimated GF Value™ of ¥9.04. GuruFocus considers Bangyan Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688132:

  • Days Payable: 425.76 (14% below median its 10-year median of 492.35)
  • GF Value™: ¥9.04 vs. price of ¥12.18 (34.7% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 509.2% above the Hardware median (#88 of 2442)

No single metric tells the full story. See the SHSE:688132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bangyan Technology Co Business Description

Address No. 100, Zhihe Road, Yuanshan Street, Room 2101, Dakang Community, Longgang District, Guangdong, Shenzhen, CHN, 518115
Bangyan Technology Co Ltd is engaged in the research and development, manufacturing, sales, and service of information communication and information security equipment.
56GF Score

Get the complete analysis for SHSE:688132

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥12.18
Price
¥9.04
GF Value